it is very . . very . . very common in all industries for people to be on the board of two or more companies and conflicts of interest are dealt with as standard governance, declared and managed. There is hundreds of advantages to having someone on the board who is across a broad spectrum of companies. This is day one stuff for a corporate. Wouldnt read into it at all.
There is a LOT of co-opetition (Cooperative Competitive) across organisations, They know that a rising tide lifts all boats and as long as you stay within the rules, ensure there is no cartel/anti-competitive behavior and you act with good governance practices this is a huge help to all.
Having a seasoned industry vet with ties all over the place on the boards is more advantageous than a person in a bubble.
gold gold gold, page-1256
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